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Requirement 1. Assume the preferred stock is cumulative. Compute the amount of dividends to preferred and common shareholders for 2018 and 2019 if total dividends

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Requirement 1. Assume the preferred stock is cumulative. Compute the amount of dividends to preferred and common shareholders for 2018 and 2019 if total dividends are $13,000 in 2018 and $48,000 in 2019 Compute the dividends for 2018, then for 2019. (Complete all answer boxes. Enter a "or any zero balances.) Data Table Class of Stock 2018 2019 Preferred 13,000 Sunrise Telecom, Inc Common Stockholders Equity 13,000 Total Paid-in capital: Preferred stock, 10%, $5 par, 100,000 shares authorized. S 140,000 28,000 shares issued and outstanding Common stock, $3.00 par, 500,000 shares authorized 350,000 shares issued and outstanding 1,050,000 560,000 S 1,750,000 190,000 S 1,940,000 Paid-in capital in excess of par-common Total paid-in capital Retained earnings Total stockholders' equity nter any number in the edit fields and then click Check Answer Print Done

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